Income & Economy in Washington city, IN (47501)
Median Income
$60,476
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+843
Wealth inflow
Population
18,335
Unemployment
2.6%
1.1pp below US avg
IRS migration statistics show a net inflow of about 843 for ZIP 47501 (Washington city, IN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 47501 (2020–Present)
Since 2020, population declined 2.1%, median income rose 5.2% (inflation-adjusted), home values increased 15.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $60,476 |
| Unemployment | 2.6% |
| Establishments | 499 |
| Employees | 7,423 |